GAIL (India) Limited has launched the tenth round of its ‘GAIL Pankh’ initiative, reaffirming its commitment to supporting innovative startups. The initiative invites startups to apply for equity investment from the Maharatna PSU. The application window is open from April 1, 2025, to May 31, 2025, through the ‘GAIL Pankh’ link on GAIL’s official website.
Focus Areas for Funding
Startups working in key sectors such as natural gas, petrochemicals, energy, project management, E-commerce, fintech, IoT and data mining, environment, health, social, security, and safety can apply for funding. GAIL has allocated a ₹500 crore corpus to support startups through this initiative.
GAIL’s Commitment to Innovation
Launched in 2017, ‘GAIL Pankh’ aims to foster innovation, encourage collaboration, and create a meaningful impact on the startup ecosystem. Since its inception, GAIL has successfully conducted nine rounds of investment proposal solicitations.
Recognized for Startup Support
GAIL’s efforts in nurturing startups have earned it the ‘Start-Up Excellence Award’ in the ‘Investment in Start-Ups’ category at the Governance Now 11th PSU Awards. As reported by psuwatch.com, the recognition highlights GAIL’s dedication to driving innovation and fostering entrepreneurial growth in India.
